47862 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Indiana based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 47862 is White. The majority race/ethnicity attending public schools in 47862 is White. The current unemployment level in 47862 is 3.6%.
| Population | 1,412 |
| Population Growth Rate | 0% |
| Population Density | 37 People per Square Mile |
| Total Households | 542 |
| Median Household Income (2021) | $48,029 |
| Average Adjusted Gross Income (2021) | $169,590 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 89.69% |
| Public School Majority Race/Ethnicity | White - 91.35% |
47862 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,218 | 89.69% |
| Black | 8 | 0.59% |
| Hispanic | 114 | 8.39% |
| Asian | 0 | 0% |
| Native American | 18 | 1.33% |
| Hawaiian/Pac. Islander | 0 | 0% |
47862 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 655 | 92.78% |
| Black | 4 | 0.57% |
| Hispanic | 45 | 6.37% |
| Asian | 1 | 0.14% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.14% |
47862 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 78 | 10.26% |
| Bachelor Degree | 70 | 9.21% |
| High School Diploma | 317 | 41.71% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 22 | 2.89% |
| 1 or More Years of College | 131 | 17.24% |
| Associates Degree | 52 | 6.84% |
| Masters Degree | 90 | 11.84% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |
